The snapshot
1
EDP Group needed to improve energy trading across multiple markets.
2
Devoteam developed GEMOS, centralising and automating trading.
3
GEMOS boosted efficiency, enabling real-time decisions and increasing profitability.
About EDP Group
EDP Group, a multinational energy giant serving over 11 million customers across four continents, stands as a leader in generating, distributing, and selling energy. With a workforce exceeding 14,000 strong, EDP drives progress and sustainability in the dynamic energy landscape.
The Challenge
EDP faced a significant challenge in managing the intricate world of energy trading across diverse geographies and markets. Existing systems struggled to cope with data’s sheer volume and complexity, hindering real-time decision-making and operational efficiency.
The Goal
EDP Group envisioned a centralised trading platform that seamlessly integrates data from various sources, automates processes, and empowers traders with real-time insights to optimise trading decisions across multiple markets.
The Solution
Devoteam in collaboration with Microsoft, developed GEMOS (Global Energy Market Operating System), a cutting-edge cloud-based solution tailored specifically for EDP. Built on Microsoft Azure, GEMOS provides the scalability, resilience, and performance required to handle EDP’s complex trading operations.
“Gemos solution is a breakthrough in cloud computing and distributed systems. It solved a complex business problem that required real-time synchronisation of data across different Microsoft and EDP data centres. The solution was scalable, robust, and consistent, and it delivered high performance for the EDP Trading business needs.”
Tiago Monteiro,
Executive Director of Enterprise Commercial Microsoft Portugal
Why GEMOS?
GEMOS offered a unique combination of advanced technology, user-centric design, and seamless integration capabilities. Its cloud-native architecture ensures high availability and disaster recovery, while its powerful analytics engine empowers traders with real-time insights to make informed decisions.
Key Features and Benefits:
- Centralised Trading Hub: GEMOS unifies trading operations across 16 different markets, providing a single source of truth and streamlining workflows.
- Automated Efficiency: By automating data reception, processing, and market offer placement, GEMOS reduces manual effort and minimises errors.
- Real-time Intelligence: GEMOS provides real-time data analytics, enabling traders to respond swiftly to market fluctuations and capitalise on opportunities.
- Enhanced Resilience: Built on Microsoft Azure, GEMOS ensures high availability and disaster recovery, guaranteeing business continuity.
“GEMOS is a cloud-based technology solution that leverages Microsoft Azure’s capabilities to provide high availability and performance. It runs on two different Microsoft data centres and another two EDP data centres synchronising in real-time, ensuring 24/7 reliability and scalability. It was a huge technical challenge, but it’s working. We successfully completed a complex and demanding project. It required a lot of skill and effort, but we made it work.”
Luis Fernandes,
IT & Data Director EDP Global Energy Management
The Methodology
Devoteam and Microsoft worked closely with EDP Group’s trading team, adopting a collaborative approach to understand their specific needs and ensure GEMOS aligned perfectly with their workflows. This partnership fostered a sense of ownership and facilitated a smooth transition to the new platform.
The Result
GEMOS has revolutionised EDP Group’s trading operations, delivering exceptional results:
- Trading Velocity: EDP executes trades every 12 seconds across multiple markets, with a daily transaction value exceeding €10 million.
- Operational Efficiency: GEMOS has streamlined processes, reducing manual workloads and minimising human error.
- Enhanced Decision-Making: Real-time data analytics empowers traders to make informed decisions quickly and confidently.
- Increased Agility: GEMOS enables EDP to respond rapidly to evolving market dynamics and capitalise on new opportunities.
GEMOS has optimised EDP Group’s trading operations and positioned it as a leader in the global energy market. This success story highlights the power of collaboration and innovation in driving digital transformation.
“GEMOS was a breakthrough for EDP, revolutionising the company’s trading capabilities. The project is a remarkable success story for both EDP, Devoteam and Microsoft. Through their collaboration and leveraging their knowledge, they delivered a cutting-edge solution that met the complex and dynamic needs of the energy market. GEMOS is a testament to the innovation and excellence that both partners strive for.”
Pedro Neves Ferreira,
Head of Energy Management, EDP Group
The Better Change
EDP trades every 12 seconds in 16 markets, exceeding €10 million daily.
Rapid response to market demands, improved performance, and cost savings.
Automated trading, reduced manual work and human error.
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